A trading firm in northern India wants to prepare a funds flow statement. Prepare a funds flow statement from the information on the trading firm given in
Table 3.24 Information on the trading firm for 2009 and 2010
|
Capital and liabilities |
2009 |
2010 |
Assets |
2009 |
2010 |
|
capital |
3,20,000 |
3,40,000 |
Land and building |
2,00,000 |
2,00,000 |
|
Profit & loss Appropriation account |
58,000 |
98,000 |
Plant |
96,000 |
1,36,000 |
|
Creditors |
38,000 |
22,000 |
Stock |
36,000 |
28,000 |
|
Mortgage loan |
– |
20,000 |
Debtors |
68,000 |
78,000 |
|
Cash and bank balance |
16,000 |
38,000 |
|||
|
4,16,000 |
`4,80,000 |
4,16,000 |
`4,80,000 |
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